Maryland EWA legislation draws protest

A Maryland bill calling for some earned wage access providers to be registered and licensed has triggered opposition from fintech advocates.

By Lynne Marek • Jan. 25, 2024

PayPal floats service enhancements

PayPal this year plans to roll out the “biggest changes in a decade” to its pioneering payments tool in a bid to better serve merchants and customers.

By Lynne Marek • Jan. 25, 2024

Explore the Trendline➔

Cross-border payments targeted for upgrades

When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

By Payments Dive staff

Brex cuts workforce by 20% in profitability push

“Looking inward, I realized we grew our org too quickly,” founder and co-CEO Pedro Franceschi said in a message to employees. 

By James Pothen • Jan. 24, 2024

Klarna adds subscription plan

With an IPO on the horizon, the BNPL firm is offering customers a subscription service for $7.99 per month.

By Caitlin Mullen • Jan. 24, 2024

Synchrony to buy Ally’s POS lending unit

“This wasn’t a scaled business for Ally, but on our side, this is absolutely a scaled business,” Synchrony CEO Brian Doubles said Tuesday. “This is exactly the type of acquisition that we look for.”

By Rajashree Chakravarty • Jan. 23, 2024

Payments startups face pivotal year

Many venture-dependent startups that put off fundraising will be forced to do so this year or find an exit plan.

By Caitlin Mullen • Jan. 23, 2024

Jack Henry vaults COO to CEO seat

Greg Adelson, the company’s current president and chief operating officer, will take the reins from outgoing CEO David Foss in July.

By James Pothen • Jan. 23, 2024

Choice Market bets on automation for stores

AWM will provide automated checkout technology to the Denver-based convenience retailer as part of plans for adding Mini-Mart c-stores nationwide.

By Jessica Loder • Jan. 22, 2024

DailyPay lands more financial support

The earned wage access company said it raised $75 million in new equity funding and $100 million in debt financing.

By Lynne Marek • Jan. 22, 2024

Law firms jockey for payments action

A proliferation of payments and fintech players has sparked a contest for talent among law firms seeking to meet clients’ needs.

By Lynne Marek • Jan. 22, 2024

Mastercard lines up B2B payments partners

The card network has grown its roster of partners in an effort to streamline transactions between businesses.

By Tatiana Walk-Morris • Jan. 19, 2024

FedNow draws some banks, as others lag

The Federal Reserve is building up bank participation in FedNow, but some big financial institutions remain on the sidelines.

By Lynne Marek • Jan. 18, 2024

Epic CEO vows challenge to Apple’s payments plan

“Epic will contest Apple's bad-faith compliance plan in District Court,” Epic Games CEO Tim Sweeney said in a Tuesday post on X, formerly Twitter.

By James Pothen • Jan. 18, 2024

Payments M&A poised to rise this year

Conditions could be ripe for more payments deals in 2024, as legacy players seek to add unique technologies and struggling startups find themselves in need of an exit plan.

By Caitlin Mullen • Jan. 18, 2024

Visa picks fintech startups for accelerator

A debt repayment app startup and a small business lender are among the U.S. startups selected by the card network and its partner this year.

By Tatiana Walk-Morris • Jan. 17, 2024

Amazon, Andreessen Horowitz seek exemptions on proposed CFPB rule

The e-commerce giant and investment firm asked for carve-outs for Amazon Pay and non-fungible tokens, respectively.

By James Pothen • Jan. 17, 2024

X gains money transmitter approval in Utah

X has been collecting money transmitter approvals in recent months to launch peer-to-peer payments in the app.

By Andrew Hutchinson • Jan. 17, 2024

Amex to sell fraud prevention firm Accertify

The card issuer is selling the business, which offers online fraud monitoring services to merchants, to the tech investment firm Accel-KKR.

By Caitlin Mullen • Jan. 16, 2024

Apple, Google face legal challenges to their payments businesses

Both tech giants will spend this year fighting off rivals hungry for a piece of their payments revenue.

By James Pothen • Jan. 16, 2024

Fiserv seeks special purpose bank charter

The designation would allow the payment processor to own transactions from end-to-end, removing the need for a bank partner.

By Caitlin Mullen • Jan. 12, 2024

Payments M&A in 2023 amounts to a whimper

October’s uptick in activity didn’t continue through the remainder of the year, capping a quiet year for merger and acquisition activity in payments.

By Caitlin Mullen • Jan. 12, 2024

States race ahead of US lawmakers in payments

State lawmakers and regulators are out-running their national peers in giving direction to the fast-evolving payments industry.

By Lynne Marek • Jan. 12, 2024

Stablecoin issuer Circle files for IPO

Circle, which issues the USDC stablecoin, has filed confidential paperwork with the Securities and Exchange Commission — one day after the SEC's approval of 11 spot bitcoin exchange-traded funds.

By Gabrielle Saulsbery • Jan. 12, 2024

Amazon brings cashierless tech to hospitals

After opening automated stores on college campuses and in sports stadiums, the tech giant is moving into healthcare facilities.

By James Pothen • Jan. 11, 2024

Will Toast raise prices this year?

The restaurant point-of-sale provider may give clients a choice when it makes price adjustments, following a fee flub last year.

By Caitlin Mullen • Jan. 11, 2024